Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Hartford Multifactor Developed Markets (ex-US) ETF (NYSEARCA:RODM) saw an uptick in trading volume on Monday . Approximately 367,516 shares were traded during mid-day trading, an increase of 256% from the previous session’s volume of 103,187 shares.The stock last traded at $40.31 and had previously closed at $40.32.

Hartford Multifactor Developed Markets (ex-US) ETF Stock Performance

The company’s 50-day moving average price is $41.04 and its 200 day moving average price is $39.62. The stock has a market capitalization of $1.46 billion, a PE ratio of -93.91 and a beta of 0.64.

Institutional Trading of Hartford Multifactor Developed Markets (ex-US) ETF

Several large investors have recently bought and sold shares of RODM. Ascentis Independent Advisors bought a new position in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the 1st quarter worth approximately $39,000. Flagship Harbor Advisors LLC purchased a new position in Hartford Multifactor Developed Markets (ex-US) ETF during the fourth quarter valued at $49,000. Webster Bank N. A. bought a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF during the 1st quarter valued at $60,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF during the 4th quarter valued at $74,000. Finally, Kestra Advisory Services LLC purchased a new stake in shares of Hartford Multifactor Developed Markets (ex-US) ETF in the 4th quarter worth about $112,000. 7.13% of the stock is owned by institutional investors.

Hartford Multifactor Developed Markets (ex-US) ETF Company Profile

Direct Markets Holdings Corp., formerly Rodman & Renshaw Capital Group, Inc, is a holding company. Through its subsidiaries, it is engaged in the investment banking business. The Company’s principal operating subsidiary is Rodman & Renshaw, LLC (R&R). It is an investment bank, which provides corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. It also provides research and sales and trading services to institutional investors.